Chandigarh, 20 February 2026: In a major boost to Punjab’s industrial landscape, JSW Group Chairman Sajjan Jindal has announced an investment of ₹1,500 crore in the steel sector at Rajpura following a strategic meeting with Punjab’s Minister for Industries & Commerce, Investment Promotion and Power, Sanjeev Arora, in Mumbai.
The meeting, attended by Punjab Invest CEO Amit Dhaka, focused on expanding industrial investments in the state ahead of the upcoming Invest Punjab Summit 2026.
Strengthening Punjab’s Manufacturing Base
According to officials, the proposed ₹1,500 crore investment is expected to reinforce Punjab’s manufacturing ecosystem, deepen the steel value chain, and generate substantial direct and indirect employment opportunities in the region.
Sajjan Jindal also indicated that JSW Group is exploring additional investments across its diversified business verticals in Punjab.
Participation in Invest Punjab Summit
Jindal confirmed his presence at the inaugural session of the Invest Punjab Summit, scheduled for 13 March at Plaksha University. He appreciated the investor outreach initiatives undertaken by the Punjab Government under Chief Minister Bhagwant Singh Mann.
Punjab’s Industrial Fundamentals
Highlighting the state’s advantages, Minister Sanjeev Arora stated that Punjab offers strong connectivity to northern markets, a robust MSME ecosystem, skilled manpower, and well-established industrial clusters in sectors such as steel, auto components, textiles, sports goods, food processing, and light engineering.
He noted that Punjab has been recognised as a Top Achiever in Ease of Doing Business reforms and has implemented a progressive single-window clearance mechanism to ensure time-bound approvals and investor facilitation.
New Industrial Policy in Advanced Stage
The Minister informed that the Punjab Government is in the advanced stages of finalising a future-ready Industrial Policy aimed at attracting next-generation manufacturing and technology-led investments.
The proposed framework is expected to offer competitive fiscal incentives, plug-and-play industrial infrastructure, sector-specific parks, faster clearances, and improved logistics efficiency.
Focus on Sunrise Sectors & Employment
Special emphasis is being placed on sunrise sectors including defence manufacturing, electric mobility, advanced materials, renewable energy, and high-end engineering.
Officials stated that the broader vision includes promoting value-added manufacturing, boosting exports, and generating large-scale employment opportunities for Punjab’s youth.
Minister Arora reiterated that the Punjab Government would provide full support, handholding, and fast-track approvals for JSW’s proposed projects, while ensuring reliable power supply, improved logistics infrastructure, and responsive governance systems for investors.
